Intuit

Tech Stocks Looks Bullish Into Year's End (Neowave/Elliottwave)

Long
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Based on Neowave principles, it seems like major stocks (and non-crypto tech stocks in particular) will continue to rally into the end of the year, followed by a long correction in 2024.

After wave-E is finished in early 2025, we should see one of the largest bull markets since the 1990s. This will complete a 25-year correction which began in 2000 when the last tech bubble popped, and begin a new tech bubble which could last 10-20 years. This next bubble will likely be built on the backs of AI and crypto, as well as persistently high inflation.

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